The format follows Robert's Rules of Order and is used for everything from club and business meetings to government meetings. For annual HOA (Homeowners' Association) meetings, minutes provide a record of decisions and actions of the HOA board. By taking notes and recording the meeting, the ...
Ask the current board president what, if any, vacancies are coming up and how many positions will need to be filled. The master deed and bylaws should spell out necessary eligibility to run for a board position as well as regulations and deadlines for adding your name to the ballot and for...
The format follows Robert's Rules of Order and is used for everything from club and business meetings to government meetings. For annual HOA (Homeowners' Association) meetings, minutes provide a record of decisions and actions of the HOA board. By taking notes and recording the meeting, the ...
HOA fees can increase or decrease over time. In most cases, the board of directors reviews the community's needs, the total of the current fees and the size of the reserve fund to decide whether to raise or lower fees. The HOA's CC&R may outline rules for how much the fees can cha...
At our first HOA meeting in May, we realized that we hadn't been paying our fees through the mortgage payment's escrow account as I'd (somewhat stupidly) thought we were. Luckily, we're in a small HOA, and they were very understanding and didn't charge us a late fee. We owed just...
What is a community association manager? The community association manager is the face and an employee of theHOA management company. They work closely with the board to perform many vital functions and resolve any complaints or issues that come up along the way. Contrary to popular belief, commu...
A conference room you can rent out for the occasional board meeting? A virtual office gives you the benefits of a physical office without the overhead. For just $29 a month, you get unlimited mail forwarding, a unique mailing address and suite number in a commercial building, a month-to-...
When an HOA looks at revising its subdivision covenants (sometimes called CCRs, declaration, restrictions, restrictive covenants, master deed, or indenture), the board and its attorney generally find a paragraph toward the end of the covenants that requires that the owners of amajorityof lots–or...
Each state has different due diligence periods. Know how long you get it; don’t hesitate to negotiate with the seller if you need more time.While the law is the law, there are ways you can ask for more time if something isn’t adding up or you run out of time. ...
These programs tend to have strict requirements, such as being a first-time homeowner, working in a certain profession, buying in an eligible area, and meeting other lending criteria like a minimum credit score. Finally, you can also ask for seller concessions, which may include the seller pay...